The French President is threatening to walk out of the summit. More regulation and commitment to the global financial stimulus packages is not winning support from many of the countries. France, as well as some other European nations, are demanding much tougher financial regulation, while the U.S. and Britain want nations to boost spending to help spark an economic recovery. French President Nicolas Sarkozy said Monday he will not accept a summit that produces nothing more than what he called “false success.”
Economy
Posted on March 18th, 2009 in Economy
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Posted on March 11th, 2009 in Economy
Schiff was one of the few to predict the economic crash — he even wrote a book in 2007 called Crash Proof: How to Profit from the Coming Economic Collapse. A video called “Peter Schiff Was Right,” collecting many of his early prognostications with the mocking, incredulous responses from talking heads.
Tags: Economy, Peter Schiff
Posted on March 11th, 2009 in Economy
Why all the media? Largely, it is because Schiff was one of the few to predict the economic crash — he even wrote a book in 2007 called Crash Proof: How to Profit from the Coming Economic Collapse. A video called “Peter Schiff Was Right,” collecting many of his early prognostications with the mocking, incredulous responses from talking heads, has become an Internet meme.
Tags: Economy, Peter Schiff
